GPRE Stock Summary and Trading Ideas (Green Plains | NASDAQ:GPRE)

Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, distillers grains, Ultra-High Protein and renewable corn oil. The agribusiness and energy services segment includes grain handling and storage, commodity marketing and merchant trading for company-produced and third-party ethanol, distillers grains, Ultra-High Protein, renewable corn oil, natural gas and other commodities. The partnership segment provides fuel storage and transportation services.

Green Plains trades on the NASDAQ stock market under the symbol GPRE.

As of April 17, 2024, GPRE stock price declined to $20.93 with 1,074,315 million shares trading.

GPRE has a beta of 0.97, meaning it tends to be less sensitive to market movements. GPRE has a correlation of 0.07 to the broad based SPY ETF.

GPRE has a market cap of $1.34 billion. This is considered a Small Cap stock.

Last quarter Green Plains reported $712 million in Revenue and $.12 earnings per share. This fell short of revenue expectation by $-70 million and missed earnings estimates by -$.03.

In the last 3 years, GPRE stock traded as high as $44.27 and as low as $19.44.

The top ETF exchange traded funds that GPRE belongs to (by Net Assets): XOP, VTI, VXF, ICLN, IWM.

GPRE has underperformed the market in the last year with a price return of -35.3% while the SPY ETF gained +23.0%. GPRE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.6% and -10.3%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

GPRE support price is $20.44 and resistance is $21.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GPRE stock will trade within this expected range on the day.